Business
- Turnover is sometimes a synonym for revenue (or in certain contexts, sales), especially in European and South African usage
Services sold by a company during a particular period of time.
- Turnover is sometimes the name for a measure of how quickly inventory is sold (inventory turnover). A high turnover means that goods are sold quickly, while a low turnover means that goods are sold more slowly.
- Asset turnover is a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue or sales income to the company.
- Turnover (employment), relative rate at which an employer gains and loses staff, especially in North American usage
- Customer turnover, the rate at which a business loses customers, sometimes called the churn
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Famous quotes containing the word business:
“The word career is a divisive word. It’s a word that divides the normal life from business or professional life.”
—Grace Paley (b. 1922)
“What makes this Generation of Vermin so very Prolifick, is the indefatigable Diligence with which they apply themselves to their Business. A Man does not undergo more watchings and fatigues in a Campaign, than in the Course of a vicious Amour. As it is said of some Men, that they make their Business their Pleasure, these Sons of Darkness may be said to make their Pleasure their Business. They might conquer their corrupt Inclinations with half the Pains they are at in gratifying them.”
—Joseph Addison (1672–1719)
“The whole business of your life overwhelms you when you live alone. One’s stupefied by it. To get rid of it you try to daub some of it off on to people who come to see you, and they hate that. To be alone trains one for death.”
—Louis-Ferdinand Céline (1894–1961)